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Economic Development Authority (EDA) <br />Meeting Date: 03/11/2021 <br />Submitted For: Sean Sullivan, Community Development <br />By: Sean Sullivan, Community Development <br />Title: <br />Select 2021 Business of the Year <br />4. 2. <br />Purpose/Background: <br />The purpose of this case is to select the 2021 Ramsey Business of the Year, an annual selection made by the EDA. <br />The Ramsey Business of the Year is selected from a list of 3-6 nominees (known as the "small list"). The purpose of <br />the small list is to narrow down the voting / analysis process to a small pool of nominees for efficiency. The small <br />list of candidates is derived from a "large list." Said nominees are asked to answer a set of questions that <br />demonstrate their exemplary standing in each of these four categories: <br />• Length of tenure in the City of Ramsey <br />• Number of employees / job creation <br />• Community involvement <br />• Innovation and uniqueness <br />Both the 'small' and 'large' lists are attached. <br />Notification: <br />N/A <br />Observations/Alternatives: <br />We have updated responses from all six nominees, each with their own areas of excellence. The City of Ramsey is <br />fortunate to have many great nominees for 2021 Business of the Year. The EDA should review the responses and <br />select a 2021 Business of the Year. <br />The nominees include (years on the short list): <br />Dedicated Networks (5) <br />Do All Printing (3) <br />Dynamic Group (5) <br />PACT Charter School (5) <br />B & F Fastener Supply (1) <br />Armstrong Kennels (1) <br />Each business has its own merits and reasons that it could be selected as the 2021 Business of the Year. Last Year <br />the EDA asked Armstrong Kennels to be added to the short list and staff moved B & F Building Fasteners to the <br />short list due to the fact that it was named Family Business of the Year by Twin Cities Business in 2020. <br />Additionally, the City recently renamed Central Park to Loral I Delaney Armstrong Central Park (Armstrong <br />Kennels related). <br />Staff is seeking policy direction on selection moving forward. <br />Alternatives Include: <br />1. Select 2021 Business of the Year from one of the following: Dedicated Networks, B & F Fasteners, <br />Armstrong Kennels <br />2. Something else <br />